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Chinese companies have carried out a number of projects in Oman with cumulative turnover of more than billion, covering fields such as oil and gas resources exploration and development, electricity, communications, deep-sea fishing and processing sector, ambassador Li said in a recent interview with Xinhua News Agency.

Chinese chip major Tsinghua Unigroup said it has kicked off volume production of high-end 64-layer flash memory chips, marking a breakthrough in the country's efforts to grow its homegrown semiconductor sector and shorten its technological gap with foreign counterparts, analysts said on Tuesday.

Chinese insurance companies saw their premium income drop in the first four months of 2018 year-on-year, dragged down by the decline of the life insurance business due to stricter regulations, official data showed on Friday.

Chinese e-bike producers said that unlike other trade complaints, there is no overcapacity in China's e-bike industry. Export volumes are customized and based on the EU demand, while more than 95 percent of China's e-bikes are sold to the domestic market, the Xinhua News Agency reported.

Chinese lenders bought 8 billion worth of foreign currencies and sold 2.4 billion worth in October, the State Administration of Foreign Exchange (SAFE) said in a statement.